Tag: Peso

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Profit-taking weighs down stocks; peso finish higher

The Philippine Stock Exchange index (PSEi) slid 1.3 percent to 6,384.58, extending profit-taking for a second session after touching seven- to nine-month highs. Even so, the benchmark remains comfortably above the 6,000 mark, keeping the broader uptrend intact and suggesting the pullback is more consolidation than reversal.

Markets cool off as peso flexes quiet strength 

Global markets are taking a step back—not because of panic, but caution. Investors are reducing risk as they navigate uncertainty around inflation, interest rates, and global tensions. 

Grounded gains, gathering upside momentum

Philippine equities continue to show underlying strength despite the PSEi’s recent mild pullback, which analysts view as a natural bout of profit-taking after a sharp advance.

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US pledgesP639M health aid to Philippines

The US has committed more than P639 million in fresh health assistance to the Philippines, deepening a multibillion-peso partnership aimed at strengthening the country’s response to infectious diseases and improving health system resilience.

PCC tightens watch on oil, fuel markets 

Amid mounting volatility in global oil markets, the Philippine Competition Commission (PCC) said it is intensifying oversight of the domestic fuel sector to guard against anti-competitive practices that could disadvantage consumers.

PCPPI ramps up tech-driven push to empower sari-sari stores nationwide

Pepsi-Cola Products Philippines, Inc. (PCPPI) is intensifying its efforts to support sari-sari stores, rolling out a technology-enabled distribution strategy aimed at directly empowering millions of Filipino micro-entrepreneurs.

Filinvest launches promo to make home buying easier

Filinvest Land, Inc. (FLI) has rolled out its Kaya-Sulit Ready-for-Occupancy (RFO) Promo to make buying homes more affordable and easier for Filipinos. The program is offered in partnership with EastWest Bank and the Bank of the Philippine Islands (BPI).

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